https://newsletter.en.creamermedia.com
Africa|Cement|generation|Petroleum|Power|Refinery|Power Generation|Power-generation|Products|Operations
Africa|Cement|generation|Petroleum|Power|Refinery|Power Generation|Power-generation|Products|Operations
africa|cement|generation|petroleum|power|refinery|power-generation|power-generation-industry-term|products|operations

Nigeria's Dangote plans $1bn investments in Zimbabwe

Dangote Group founder and CEO Aliko Dangote

Dangote Group founder and CEO Aliko Dangote

Photo by Reuters

13th November 2025

By: Reuters

  

Font size: - +

Nigeria's Dangote Group will invest at least $1-billion in a pipeline, power generation and cement plant in Zimbabwe, its founder and CEO Aliko Dangote said on Wednesday.

Dangote, Africa's richest man, met Zimbabwe President Emmerson Mnangagwa and signed an investment agreement with the government on Wednesday morning.

"We have just signed an agreement between Zimbabwe and the Dangote Group to do various investments in various sectors some of which are of course cement, power generation and a pipeline to bring petroleum products," Dangote told reporters in Harare.

He said the pipeline would complement the Dangote Group’s plans to establish the biggest oil refinery in the world.

The industrialist previously visited Zimbabwe in 2015, then under the late President Robert Mugabe who was replaced by Mnangagwa after a 2017 coup, but abandoned plans to invest in the southern African country for unclear reasons.

Asked what had changed, Dangote said: "There are quite a lot of changes between that time when we came and now. The government is solid, there is a lot of transparency."

The Dangote Group has operations in 17 African countries and one of its subsidiaries, Dangote Cement, is a leading cement manufacturer on the continent.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Showroom

Stewarts & Lloyds
Stewarts & Lloyds

Stewarts & Lloyds is a leading steel, tube, and engineering product supplier in South Africa.

VISIT SHOWROOM 
AirNox Pty Ltd
AirNox Pty Ltd

AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (16/01/2026)
16th January 2026 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.226 0.33s - 191pq - 2rq
Subscribe Now